Much has changed on Romania’s construction sector since the company was set up in 2007. So have its long-term goals.

It’s not uncommon at the peak of an economic boom to see new companies being founded, but it’s less common for such companies survive the oncoming crash. The project management company Blue Projects was established in Bucharest exactly ten years ago, at a time of enormous, but exaggerated optimism, not just for the local property market, but for the entire region. But unlike so many other start-ups that began in an era of impossibly easy credit, Blue Projects survived the financial crisis by foc...